Essex Property Trust, Inc. (ESS) has a MoatMap StockRank of 60/100 based on Quality (60/100), Value (25/100), and Momentum (59/100) factor scores. The current signal is HOLD. Essex Property Trust is a residential REIT focused on West Coast US markets. While it owns high-quality real estate assets, it is a highly capital-intensive business facing structural headwind pressures from regional migration and high interest rates.
Essex Property Trust, Inc. is a fully integrated real estate investment trust (REIT) focused on acquiring, developing, and managing multifamily residential properties. Its competitive edge lies in concentrating its portfolio in supply-constrained, high-growth coastal markets of Southern California, Northern California, and the Seattle metropolitan area. This strategy allows it to benefit from strong rental demand and limited new supply, positioning it as a premier West Coast multifamily REIT.
| Price | $284.78 |
| Market Cap | $19.1B |
| P/E (TTM) | 32.05 |
| P/E (Forward) | 48.11 |
| Price/Book | 3.37 |
| Return on Equity | 10.6% |
| Return on Invested Capital | 7.5% |
| Debt/Equity | 121.86 |
| Gross Margin | 68.9% |
| Operating Margin | 35.2% |
| Revenue Growth | 6.4% |
| Dividend Yield | 3.6% |
| Free Cash Flow | $983M |
Essex Property Trust, Inc. operates in the REIT - Residential industry, part of the Real Estate sector (United States).